RGP names board member Roger Carlile as new CEO, replacing Kate Duchene

Published 03/11/2025, 17:50
RGP names board member Roger Carlile as new CEO, replacing Kate Duchene

DALLAS - Resources Connection, Inc. (NASDAQ:RGP) announced Monday a leadership change with board member Roger Carlile appointed as President and CEO, effective immediately. Kate Duchene, who has served the company for 27 years, will transition to an Executive Advisor role through January 3, 2026. The leadership change comes as RGP’s stock has declined 46% year-to-date, currently trading at $4.77, well below its 52-week high of $9.96.

Carlile, who joined RGP’s board in June 2024 and has been serving as Compensation Committee Chair since August 2025, brings significant industry experience to the position. He founded Ankura Consulting Group in 2014, where he served as CEO for five years and Board Chair for six years. His previous experience includes executive roles at FTI Consulting, including Chief Financial Officer, and leadership positions at KPMG, PricewaterhouseCoopers, and Deloitte & Touche.

"Roger has been working with the Company on our growth strategy with focus on CFO Advisory and Digital Transformation consulting solutions since he joined the Board," said Chairperson A. Robert Pisano in the company’s press release statement.

Duchene, who is stepping down from her roles as President, CEO, and board member, will remain with the company as an advisor to assist with leadership continuity.

RGP, based in Dallas, provides professional services including on-demand talent, consulting, and outsourced services, primarily serving CFOs and C-suite executives. The company operates 41 physical offices worldwide and serves over 1,600 clients annually, according to the company’s statement. With a market cap of approximately $159 million, RGP offers a significant dividend yield of 6.36% despite facing revenue decline of 10.83% in the last twelve months. InvestingPro analysis suggests the stock is currently undervalued, with additional ProTips available for subscribers seeking deeper insights into this small-cap professional services firm.

In other recent news, Resources Connection, Inc. reported its financial results for the first quarter of fiscal year 2026. The company announced an earnings per share (EPS) of $0.03, exceeding the forecasted $0.01, which represents a 200% surprise. Despite this positive earnings result, Resources Connection’s revenue fell short of expectations, reaching $120.2 million compared to the anticipated $135 million. Additionally, Resources Connection declared a quarterly cash dividend of $0.07 per share, payable on December 12, 2025, to shareholders of record as of November 14, 2025. This dividend announcement is part of the company’s ongoing capital allocation strategy. These recent developments provide investors with a clearer picture of Resources Connection’s current financial standing and strategic decisions.

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